Original article by Vanessa Desloires
The Australian Financial Review – Page: 33 : 25-Feb-16
Australia’s benchmark S&P/ASX 200 Index has failed to remain above the 5,000-point level so far in February 2016. The local market has been weighed down by continued weakness in the resources sector, while Julian Beaumont of Bennelong Australian Equity Partners adds that the market is likely to remain range-bound until concerns about the banking sector are alleviated. Meanwhile, Marcus Padley says any market rebound will be driven by an upturn in commodity prices.
CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, BENNELONG AUSTRALIAN EQUITY PARTNERS PTY LTD, PENGANA GLOBAL RESOURCES FUND, BHP BILLITON LIMITED – ASX BHP, UNITED STATES. FEDERAL RESERVE BOARD